Business Overview
- The company has acquired world-famous agencies who deal with us exclusively.
- Company is NMRA certified.
- Our brands are well known in the market and have a good reputation.
- We also have loyal end users who are surgeons mostly.
- Before the pandemic, our growth rate was admirable for the limited sales force and access to limited funds.
- Government institutions are not paying and hospital sales are down by 60%.
- Import products from the USA, UK, and Germany and supply the products to 7 private hospitals in Sri Lanka.
Products & Services Overview
Surgical devices for wound closure, operation theatre equipment, central sterilisation equipment and disposables, surgical consumables for wound closure and vessel sealing, and control bleeding.
Capitalization Overview
- The company has 2 directors with equal shareholding.
- Have LKR 20 million outstanding loans from gov institutions and LKR 10 million OD facility.
- The business is funded by the sales generated.
- Business was founded 15 years ago by borrowing funds but is fully independent now.
Assets Overview
LKR 10 million worth of stock, office furniture, equipment, and air-conditioning.
Full Sale
Asking Price:
USD
320 thousand
(Native Currency: LKR 100,000,000)
Reason:
- Cash flow is an obstruction due to non-payment of invoices by government and private hospitals.
-...
View More
Includes physical assets worth
USD
65 thousand
Interested to connect with advisors
In talks with 3 Investors